Surya Intrindo builds zircon smelter
Monday, July 1 2013 - 02:06 AM WIB
IDX-listed PT Surya Intrindo Makmur Tbk will build a zircon smelter in Melawi regency in West Kalimantan with investment of about Rp 45 billion to meet the surging demand for zircon product at the domestic market, Investor Daily reported on Tuesday.
Meikawati Tandali, the president director of Surya Intrindo, said in Surabya that the construction of the zircon smelter, which would have capacity of between 1,500 and 2,000 tons a year, was expected to begin operation in September, this year.
He said that Surya would cooperate with two zircon producers in Kalimantan, PT Kalimantan Jaya Mandiri dan PT Selatan Jaya Melawi, in building and operating the zircon smelter.
The larger part of the zircon production will be sold to local buyers, which mostly comprise ceramics producers. ?Some of the production will also be exported to Spain,? he said. (*)